What a solution!

There are many reasons the economy is in its current shape. I'm only going to focus on one of those reasons today--Debt! The housing crisis in itself squelched so much purchasing power from Americans that our economy is now officially in a recession. The fanatic borrowing as home prices soared over the last few years while interest rates were kept low (Thank you Alan Greenspan), started a great unraveling. So many people thought that prices would just keep going up, rational thought be damned.
Buy a house, home prices soar, take out home equity line, buy a ton of stuff, sell home, pay off line, buy larger home, take out another line, spend the money (its our patriotic duty right); and the cycle keeps repeating.
This is no natural cycle, so here we are, a debt saddled people. We are shown that through debt we can achieve so much, that the thought of not having a car payment, a mortgage payment, a student loan seems alien.
So what solution does our government come up with to cure the ills of its people and our economy. Ding! Ding! I know, to solve this problem we will mortgage the future of our country and go severely into debt collectively. What a great plan, we will pass a $700 billion bailout to shore up our financial institutions solvency issues (ie too much debt on the books) and spend an additional 7 to 10 trillion through the Federal Reserve.
Where did the government get all this money, well they borrowed it of course. So lets keep adding to our $10 trillion current national debt($34,000 per person) and do not forget the $40- 50 trillion in unfunded liabilities for Medicare and Social Security.
Yeah what a great idea, I cant wait for inflation to kick in and be able tell my kids that I used to be able to have lunch for $5, and they will look at me like I'm THE alien. They'll say, $5 you cant even buy a stick of gum for that.......